BLUE RIDGE POWER AGENCY

EIN: 541723829

SALEM, VA

Total Revenue
$1,882,613
Total Expenses
$1,886,726
Total Assets
$657,492
Net Assets
$373,948
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
VA
Principal Officer
ALICE WOLFE
Phone
5403780193
Tax Period
2024-07-01 to 2025-06-30

BLUE RIDGE POWER AGENCY, founded in 1982, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

TO PURSUE THOSE ACTIVITIES WHICH WILL ENSURE THE MOST RELIABLE AND LOWEST COST WHOLESALE ELECTRIC POWER SUPPLIES POSSIBLE FOR ITS MEMBERS TODAY AND IN THE FUTURE.

Program Service Accomplishments

Program 1
Expenses: $1,589,302 Revenue: $1,589,302

THE AGENCY CONDUCTS, ON BEHALF OF ITS MEMBERS, JOINT COST STUDIES, LEGAL REPRESENTATION, TRAINING, AND SEMINARS FOR PURCHASE AND SUPPLY OF POWER AT AN EFFECTIVE COST.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $285,519
Program Service Revenue $1,589,302
Investment Income $5,731
Other Revenue $2,061
TOTAL REVENUE $1,882,613

Expense Breakdown

Grants Paid $0
Salaries & Benefits $273,163
Fundraising Expenses $0
Program Expenses $1,589,302
Other Expenses $1,613,563
TOTAL EXPENSES $1,886,726

Year-over-Year Comparison

2024 2023 Change
Revenue $1,882,613 $1,650,391 +0.1%
Expenses $1,886,726 $1,641,123 +0.1%
Net Income $-4,113 $9,268 -1.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
3
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$183,731
Total Directors
10
$183,731
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALICE J WOLFE GENERAL MANAGER 40.00
Officer Director
$149,004 $34,727 $183,731
DURWIN JOYCE PRESIDENT 2.00
Officer Director
$0 $0 $0
AK BRIELE III VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
BRUCE MAURHOFF SECRETARY-TREASURER 2.00
Officer Director
$0 $0 $0
RONNIE CAMPBELL DIRECTOR 2.00
Director
$0 $0 $0
TIMOTHY A LOGWOOD DIRECTOR 2.00
Director
$0 $0 $0
JOHN WAGNER DIRECTOR 2.00
Director
$0 $0 $0
MELISSA WRENN DIRECTOR 2.00
Director
$0 $0 $0
JEFF M AHEARN DIRECTOR 2.00
Director
$0 $0 $0
CAREY SAFFELLE DIRECTOR 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,882,613 $1,886,726 $657,492 $-4,113
2024 $1,650,391 $1,641,123 $696,522 $9,268
2023 $1,353,802 $1,335,145 $568,451 $18,657
2022 $1,157,325 $1,135,273 $458,731 $22,052
2021 $984,077 $1,005,603 $582,417 $-21,526
2020 $897,099 $864,560 $572,230 $32,539
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